From Wikipedia, the free encyclopedia
Fandango Latam
, previously known as
Cinepapaya
, is a company selling movie tickets online and through mobile devices. It also provides showtime information and movie related content.
History
[
edit
]
Fandango Latam started as Cinepapaya in 2012, getting funding from
500 Startups
and
Telefonica
‘s startup accelerator
Wayra
.
[1]
It participated also in the
Start-Up Chile
’s acceleration program.
In 2014, Cinepapaya received a $2M investment from
Brazilian
internet conglomerate
Movile
.
[2]
As of May 2015, Cinepapaya was transactional in
Peru
,
Chile
and
Colombia
, and served content in 17 countries in South America (as for May 2015), expecting to close 2015 with 20 countries,
[3]
and then venture into other emerging markets.
In December 2016,
Fandango Media
purchased Cinepapaya, for an undisclosed amount.
[4]
Fandango had previously acquired Cinepapaya's Brazilian competitor Ingresso in 2015, and merged the two entities to create Fandango Latam.
[5]
In March 2017, Fandango announced a new branding strategy for its Latin American assets, and definitely switched its name from Cinepapaya to Fandango Latam.
[6]
[7]
In October 2017, Fandango acquired
MovieTickets.com
and gained more market shares in Latin America.
[8]
In October 2018, Fandango Latam announced several multi-year deals with
Cinepolis
,
Cinemark Theatres
,
National Amusements
, and
Cinemex
, adding 5,000 new screens to Fandango s Latin American inventory. This deal turned Fandango into the largest online ticketer in
Latin America
.
[5]
Awards
[
edit
]
- 2012: 2nd place in TNW Conference Latin America's Start-Up Battle
[9]
- 2013: 1st place in Intel Challenge
APEC
.
[10]
References
[
edit
]